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Feb
10th

GM and Chrysler salaried workers’ bonuses may reach 50% of pay

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GM and Chrysler, which each received government-funded bailouts, may award some salaried workers bonuses of as much as 50 percent of their base pay, according to three people familiar with the plans. GM plans to pay 26,000 U.S. Full story...
Feb
10th

Bankrupt dealer Denny Hecker sentenced to 10 years in prison for fraud

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Denny Hecker, the bankrupt Minnesota auto dealer, will spend a decade in prison after being convicted of conspiracy and bankruptcy fraud. Federal Judge Joan Ericksen sentenced the former auto dealer today to 10 years in prison, the maximum allowed. Full story...
Feb
10th

Bankrupt dealer Denny Hecker to be sentenced on fraud charges Friday

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Denny Hecker, the bankrupt Minnesota auto dealer, is to be sentenced Friday in federal court, having pleaded guilty to conspiracy and bankruptcy fraud in September. He faces up to 10 years in prison. Full story...
Feb
10th

Dodge Viper alive and well, Gilles says:

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Work continues on the next generation of the Dodge Viper supercar, and it will arrive around summer 2012, brand CEO Ralph Gilles told AutoWeek. Full story...
Feb
10th

First Look: 2012 Audi TT RS

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First Look: 2012 Audi TT RS
2012 Audi TT RS - 2012 Chicago Auto Show - Automobile Magazine
About five months after Audi confirmed that the TT RS Coupe would be coming to America.

About five months after Audi confirmed that the TT RS Coupe would be coming to America, the hottest version of the sporty 2+2 finally made its debut at the 2011 Chicago Auto Show. Somewhat curiously, however, it did so without any fanfare, with Audi quietly placing it near an R8 Spyder at its stand with nary a mention of the car's special nature other than the glass barrier that surrounds it.


Photo Gallery: 2012 Audi TT RS - 2012 Chicago Auto Show - Automobile Magazine


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Feb
10th

First Look: 2011 Cadillac CTS-V Wagon Black Diamond Edition

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First Look: 2011 Cadillac CTS-V Wagon Black Diamond Edition
2011 Cadillac CTS-V Wagon Black Diamond Edition - 2011 Chicago Auto Show - Automobile Magazine
Platinum, titanium, unobtainium, they've all been used up for special editions.

Platinum, titanium, unobtainium, they've all been used up for special editions and high-end trims, prompting Cadillac to go into the realm of precious stones to come up with a name for the special-edition CTS-Vs it showed at Chicago, dubbing them "Black Diamond," which is also the name for the trick, high-tech paint these get doused in.


Photo Gallery: 2011 Cadillac CTS-V Wagon Black Diamond Edition - 2011 Chicago Auto Show - Automobile Magazine


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Feb
10th

Ford to cut debt load by another $3 billion

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Ford Motor Co., taking another step to achieve an investment grade credit rating, announced plans today to reduce its corporate debt levels by another $3 billion with the planned redemption or conversion of preferred securities. Full story...
Feb
10th

AUTOWEEK TV: Ford, Ferrari fight for F150:

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Nick Heidfeld fills in for the injured Robert Kubica, Danica Patrick spells out her NASCAR dozen and we wrap up the Chicago debuts with some ZL1 video. Full story...
Feb
10th

Chrysler may add natural-gas engines to Ram truck lineup

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Chrysler is exploring the possibility of adding compressed natural-gas powered engines to its Ram truck brand, a top executive said. Full story...
Feb
10th

Ford kicks off social-media push for Explorer

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The 2011 Ford Explorer was redesigned to get up to 27 miles-per-gallon on the highway, a far cry from the 19 mpg of its predecessor. And sales were up 73 percent in January vs. a year ago. Full story...
Feb
10th

Ford to tout redesigned 2011 Explorer during Grammy Awards

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Ford will air a 60-second TV spot starring hip-hop recording star Nelly during Sunday's Grammy Awards broadcast to show off the Explorer's new Sony audio system. Full story...
Feb
10th

Chrysler exec to greet Eminem in wake of ‘Born of Fire’ Super Bowl spot

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Chrysler brand CEO Olivier Francois will meet with the company's newest marketing icon about future spots for the automaker, The Detroit Bureau reported today. Full story...
Feb
10th

Mercedes-Benz C-class coupe’s cover blown:

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The first official photographs of Mercedes-Benz's new C-class coupe have been published in Germany, breaking ahead of the car's planned public premiere at the Geneva motor show early next month. Full story...
Feb
10th

JAPAN: Toyota to expand with Russian partners

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Toyota will expand in Russia by partnering with local automaker Sollers to help build Toyota-brand cars in the far east of the country as it pushes further into emerging markets, the Nikkei newspaper said. Full story...
Feb
10th

Tweet with AutoWeek editor Wes Raynal on Friday:

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Ever wanted to ask AutoWeek editor Wes Raynal a question or give him a piece of your mind? Then circle Friday, Feb. 11, on your calendar and warm up your Twitter account. Full story...
Feb
10th

Resurrected De Tomaso will present concept at Geneva auto show:

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The De Tomaso name will return to the world automotive stage at the Geneva motor show on a new Pininfarina-designed concept car, partially revealed in these photos. Full story...
Feb
10th

Resurrected De Tomaso will show concept at Geneva:

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The De Tomaso name will return to the world automotive stage at the Geneva motor show on a new Pininfarina-designed concept car, partially revealed in these photos. Full story...
Feb
10th

Ferrari to use full name of racecar after Ford sues over F150 name

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Ferrari said today it will use the full name of its "Ferrari F150th Italia" Formula One car from now on after Ford Motor Co. sued the Italian automaker over the use of the abbreviation "F150." Full story...
Feb
10th

Ferrari to use full name of racecar after Ford sues over F150 name

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Ferrari said today it will use the full name of its "Ferrari F150th Italia" Formula One car from now on after Ford Motor Co. sued the Italian automaker over the use of the abbreviation "F150." Full story...
Feb
10th

Formula One: Ferrari issues statement regarding Ford, claims name was always F150th Italia:

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Under threat of legal action from Ford Motor Co., Ferrari on Thursday confirmed formally that its new Formula One car will be known as the F150th Italia and not as the F150 as originally intended. Full story...
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